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The free trade agreement (FTA) between India and the European Union puts India on a level-playing field with a number of its competitors in a number of labour-intensive sectors such as textiles, apparel, leather goods, footwear, engineering goods, and marine products, India’s chief negotiator on the FTA Darpan Jain explained on Wednesday (January 28, 2026)….
India’s crude oil imports from Russia surged in June, while shipments from the United Arab Emirates were near-record levels as refiners sought to secure supplies ahead of the full restoration of flows from Gulf producers following the reopening of the Strait of Hormuz, analysts said. India imported an average of 2.66 million barrels per day…
Read More “India boosts Russian, UAE oil purchases in June ahead of full Hormuz recovery” »
A farmer spreads fertilizer on his field in Satara district, about 285 km (177 miles) south of Mumbai. File | Photo Credit: Reuters For India, which has focused its attention on the evacuation of fertilizer-carrying bulk carriers from the Persian Gulf, the peace deal and the subsequent announcement by Iran that it was closing the…
Read More “Fertilizer cargoes in focus as Iran tightens Strait transit rules” »
Image used for representational purposes. File | Photo Credit: Reuters As conflicts and geopolitical uncertainties around tariffs cloud domestic growth, a key parliamentary committee has decided to examine the evolving economic condition of the country. According to a Lok Sabha bulletin, the Standing Committee on Finance has chosen ‘Evolving Economic Conditions in the Country’ as…
The story so far: Last November, the Indian government received a ‘C’ grade, the second-lowest grade, by the International Monetary Fund for the quality of its national accounts statistics. Over the last few months, it has made several upgrades to its statistical databases, improving their timeliness, representativeness, accuracy, and coverage. These improvements have been wide-ranging,…
Read More “Why have India’s statistical databases been upgraded? | Explained” »
Flipkart Group has widened its lead in India’s e-commerce market and strengthened its dominance in online fashion through Myntra, according to a Bank of America Securities report that points to resilient consumer demand despite intense competition across the internet sector. The brokerage, citing Sensor Tower daily active user (DAU) data and industry checks, said Flipkart…
Read More “Flipkart extends lead in Indian e-commerce, Myntra widens lead in fashion, says BofA” »
After releasing the “Kerala’s Fiscal Health — A Status Report” (white paper), which raised serious concerns over the State’s rising debt burden while strongly criticising the previous Left government for alleged fiscal mismanagement, the new United Democratic Front (UDF) government on Thursday presented its maiden budget. The budget estimates the debt-to-GSDP ratio to come down…
Read More “Kerala Budget 2026: Despite white paper warning, no plan to cut committed expenditure” »
Atanu Mukherjee, Chief Executive Officer (CEO) of energy engineering and advisory company Dastur Energy | Photo Credit: Special Arrangement. India’s petroleum sector could increasingly look at utilising petroleum coke (petcoke) to produce more downstream products as ammonia, urea, methanol and dimethyl ether (DME), among others, instead of selling it off directly, Atanu Mukherjee, Chief Executive…
The World Bank’s Board of Executive Directors Friday approved $1.5 billion financing to India to support their structural reforms aimed to boost private sector-led job creation and economic growth, it said in a statement. It added that the financing, being provided under the Development Policy Financing (DPF) Operation, can create job opportunities for 11 million…
Read More “World Bank approves $1.5 billion financing to support India’s reform programmes” »
Stock market benchmark indices ended lower on Friday (June 19, 2026) after a five-day rally, with the Sensex dropping 607 points and the Nifty falling to the 24,013.10 level, dragged by heavy selling in IT firms after global tech giant Accenture trimmed its full-year revenue growth guidance and renewed geopolitical uncertainty. The 30-share BSE Sensex…
Read More “Sensex dives over 600 points after five-day rally dragged by IT stocks” »